Latest industry research report on Biometrics Market. The global biometrics market is at $5.2 billion in 2012 anticipated to reach $16.7 billion by 2019. Market growth is a result of demand for protection of individual information and for the needs of organization to control access to documents and to areas.
As law enforcement programs are redesigned to include information from social media and to initiate smarter cities initiatives, biometrics becomes a more compelling technology, both fingerprinting and facial recognition. Technologies. With the worldwide rise in the threat of terror, biometric systems become a more compelling tool in the hands of the authorities charged with keeping populations safe.
A rise in government projects has been seen as terrorists become an increasing threat. This has been accompanied by increasing data security concerns. There is a need for advanced security devices. Security systems implementations drive the market for biometric systems. Biometric data protection is being used to replace photographs, passwords and PIN codes.
Growth of biometric technologies has been in response to global security threats. Terrorist attacks, airport security initiatives, and attempts to lower crime rates have brought an increasing investment in biometric security systems.
Government projects include ePassports, eDriving licenses, border management, and national IDs. These initiatives have been implemented in developed countries. India, Mexico and Russia are driving the extraordinary growth of biometric systems. China has a biometric national ID program that commenced in 2013. Computer storage of important documents has created an increasing need for biometric security systems.
According to Susan Eustis, lead author of the WinterGreen Research team that prepared the study, \”Biometric devices represent a major factor impacting law enforcement and border patrol markets. Governments and law enforcement agencies are leveraging biometric devices to strengthen all aspects of citizen protection. Healthcare organizations are implementing biometric systems to provide patient privacy
Table of Contents
Biometrics and Biometric Fingerprint Equipment Executive Summary
Biometrics and Biometric Fingerprint Equipment Market Driving Forces
Biometric Fingerprint Equipment Market Driving Forces
Biometrics Market Shares
Biometric Market Forecasts
Biometric Device Market Trends
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